Union County Bank

Status:Inactive as of 04/23/1986
 Absorption - Assisted
Successor Bank:Commercial Bank
Headquarters:Union County Bank
Highway 33 At Hickory Star Road
Maynardville, TN 37807
Established:10/02/1950
FDIC Insurance:10/02/1950
FDIC Cert:#16943
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$32,902,000
Total Deposits:$30,436,000

History

1950-10-02Institution established: Original name:City & County Bank of Union County
1983-06-06Changed name to Union County Bank
1986-04-23Failed. Acquired with government financial assistance and subsequently operated as part of Commercial Bank of Claiborne County (22354)
1986-05-02Changed name to Commercial Bank (22354)
1996-06-01Moved bank headquarters from MAYNARDVILLE, TN to HARROGATE, TN
1996-08-10Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2001-11-01Acquired Middlesboro Federal Bank, FSB (28826) in MIDDLESBORO, KY
2008-09-06Acquired The Union National Bank and Trust Company of Barbourville (11983) in BARBOURVILLE, KY
2016-04-18Acquired National Bank of Tennessee (17847) in NEWPORT, TN
2018-01-01Acquired Citizens Bank (1695) in NEW TAZEWELL, TN
2020-02-01Acquired First National Bank and Trust (2704) in LONDON, KY